Posts Tagged ‘Best performing mutual Fund June’

Top Performing Mutual Fund as of June 2010

Our highest scoring mutual fund for the month of May 2010 was :

  • Fidelity Select Transportation –  b shares (Stock Symbol: FSRFX)

Here are the performance numbers for the top performing fund:

  • Rank last month #4
  • 1 month return –  (5.5%) negative
  • 3 month return – 12.6%
  • 6 month return – 31.1%
  • 12 month return – 66%

Here are a few other data points for this fund that we believe are important factors to consider if you are thinking of investing in it:

  • Performance During Bear Market – 2007 to 2009 :   (58%) Negative over period of time
  • Performance During Bull Market – 2002 to 2007 :   180%

Again please keep out methodology in mind, here is a synopsis:

  • Our time frames for analysis is a little different than many other publications.  We do not believe that high rates of return measured over very short term periods is meaningful.  Even a Monkey can throw darts and win a over a short period, but longer term results takes strategy and smarts and wisdom.
  • We also eliminate funds that do not have a long term track record.  We don’t list funds unless they have a long historical record.  This tends to eliminate the charlatan flash-in-the-pan types of investment vehicles that happen to get lucky.
  • These are the top performing mutual funds, i.e., funds with the highest rate of return when measured as an average return over a combined period of 1 month, 3 months, 6 months and 12 months as of 30 April, 2010.

All the best to you.  Happy investing.

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